AGL 38.75 ▲ 0.05 (0.13%)

AIRLINK 137.10 ▼ -0.78 (-0.57%)

BOP 5.37 ▼ -0.06 (-1.1%)

CNERGY 3.87 ▲ 0.09 (2.38%)

DCL 8.09 ▲ 0.35 (4.52%)

DFML 45.74 ▲ 0.12 (0.26%)

DGKC 83.30 ▲ 2.80 (3.48%)

FCCL 30.27 ▲ 0.72 (2.44%)

FFBL 57.60 ▲ 1.80 (3.23%)

FFL 9.14 ▲ 0.05 (0.55%)

HUBC 106.85 ▲ 1.25 (1.18%)

HUMNL 14.30 ▲ 0.25 (1.78%)

KEL 4.68 ▲ 0.38 (8.84%)

KOSM 7.98 ▼ -0.25 (-3.04%)

MLCF 38.93 ▲ 0.95 (2.5%)

NBP 67.60 ▼ -1.63 (-2.35%)

OGDC 168.99 ▲ 1.99 (1.19%)

PAEL 25.38 ▲ 0.18 (0.71%)

PIBTL 5.94 ▼ -0.84 (-12.39%)

PPL 131.00 ▲ 0.65 (0.5%)

PRL 23.76 ▼ 0.00 (0%)

PTC 15.75 ▲ 0.05 (0.32%)

SEARL 64.75 ▲ 3.27 (5.32%)

TELE 7.40 ▲ 0.36 (5.11%)

TOMCL 36.09 ▼ -0.01 (-0.03%)

TPLP 7.86 ▲ 0.05 (0.64%)

TREET 14.93 ▼ -0.22 (-1.45%)

TRG 45.25 ▲ 0.36 (0.8%)

UNITY 25.83 ▲ 0.32 (1.25%)

WTL 1.29 ▲ 0.02 (1.57%)

BR100 9,347 123.7 (1.34%)

BR30 28,113 346.6 (1.25%)

KSE100 87,195 728 (0.84%)

KSE30 27,397 234 (0.86%)

اردو

Oct 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print Print 2022-04-14

Office hours revised: Banks, MFBs and DFIs to work 6 days a week: SBP

KARACHI: The State Bank of Pakistan (SBP) has announced to observe six working days in a week. As per the decision...

Recorder Report Published April 14, 2022

KARACHI: The State Bank of Pakistan (SBP) has announced to observe six working days in a week.

As per the decision of the federal government, the State Bank will observe six days working week with the revised office hours during Ramazan, which will also be followed by all banks, Development Finance Institutions and Microfinance Banks.

PM Shehbaz abolishes two-day weekend for government offices

Office hours during Ramazan from Monday to Thursday and Saturday will be from 8:00 am to 3:00 pm with prayer break from 1:00 pm to 1:30 pm whereas on Fridays, office hours will be from 8.00 am to 1:00 pm without break.

The SBP has further advised banks and microfinance banks to observe the minimum business (banking) hours for public dealing from Monday to Thursday and Saturday, ie, from 8:00 am to 1:00 pm without prayer break whereas on Fridays, office hours will be from 8.00 am to 12:00 pm without break.

SBP Ramazan microfinance banks office hours Development Finance Institutions

Comments

Comments are closed.

Bilal Apr 15, 2022 07:38am

No economic benefit of this decision just it will add burden on poor employees of banks as 52 working days increase in an year.

Recommended (0)

Globally, working hours have been reduced to maintain good work life balance ,but here they are are putting extra pressure on employees just to please their business partners.Imagine employees are working for 7 hours with fasting in hot summer,, travellin Apr 15, 2022 12:39pm

Recommended (0)

Zain Apr 16, 2022 01:32pm

Utter example of ugly decision makers, not considering the fact that it does neither add value nor productivity at both the institution and individual level. Instead, just another cost burden.

Recommended (0)

TS Apr 16, 2022 10:27pm

SBP Governor must take up this matter with Govt as five days working esp. for banks was implemented on following realistic basis: work and family life balance save energy and to follow international financial markets.

Recommended (0)

Shagufta bibi Apr 17, 2022 09:15pm

Not agree with this decision.kindly reverse the old banking time . thanks

Recommended (0)

Shagufta bibi Apr 17, 2022 09:16pm

And dont disturb to us ...hamin apna kam karnay dain ap apni siyasat daikhain..maff karain haim plz

Recommended (0)

Azad Sep 25, 2023 08:23pm

I have heard about banks that are taking 12 hours of work from employees for the payment of just 8 hours only.

Recommended (0)

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 23	277.75
USD PKR Interbank Buying / Oct 23	277.55
USD to Japanese Yen / Oct 23	152.38
USD to Swiss Franc / Oct 23	0.87
Pound Sterling to USD / Oct 23	1.30
Euro to USD / Oct 23	1.08

Stock	Volume
S&P 500 / Oct 22	5,851.20
Nasdaq / Oct 22	18,573.13
Dow Jones / Oct 22	42,924.89
India Sensex / Oct 23	80,422.80
Tokyo Nikkei / Oct 23	38,104.86
Hang Seng / Oct 23	20,716.76
FTSE 100 / Oct 23	8,320.64
Germany DAX 30 / Oct 23	19,433.89

Item	Value
Gold 10 Grams PKR / Oct 22	242,970
Crude Oil USD/Barrel / Oct 23	71.25
Karachi Cotton PKR/37.32 KG / Oct 23	18,085
Gold Spot USD/Ounce / Oct 23	2,748.70
Cotton US¢/pound / Oct 23	72.32
Petrol/Litre / Oct 24	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00